A policy mandating 60-day payments offers limited relief amid implementation hurdles across the automotive supply chain.

With a focus on generalization and reliability, Galbot is building robots that skip the spectacle and get the job done.

MiniMax, for example, saw its Talkie app surpass ten million downloads in its first eight months last year, making it the fourth most downloaded AI-integrated app in the US, ahead of Character.AI.

Chinese firms are building dozens of AI data centers in Xinjiang and neighboring Qinghai, aiming to deploy more than 115,000 Nvidia chips restricted by US export controls. Documents reviewed show no ...

China averaged 5.5% economic growth over the first four years of its 14th five-year plan, said NDRC chief Zheng Shanjie, citing resilience despite the pandemic and trade friction. He projected a ...

Tencent has introduced Hunyuan3D-PolyGen, a generative AI model that produces art-grade mesh topology and supports both tri- and quad-mesh outputs. Using proprietary BPT compression, it enables ...

Romoss is facing a deepening crisis after recalling about 491,700 power banks. The company has suspended production, shut down online stores, and undergone multiple leadership changes. Employees have ...

Agibot plans to acquire a 63.62% stake in Shangwei New Materials for RMB 2.1 billion via share transfer and tender offer. If completed, CEO Deng Taihua will become the controlling shareholder, making ...

GAC Fiat Chrysler Automobiles (GAC FCA), the Jeep joint venture between GAC and Stellantis, has filed for bankruptcy after failing to restructure. Once a breakout SUV brand in China, the venture saw ...

Meta has acquired just under 3% of EssilorLuxottica in a deal valued at approximately EUR 3 billion, deepening its commitment to smart glasses. The move strengthens Meta’s partnership with the Ray-Ban ...

US President Donald Trump has announced 25% tariffs on goods from Japan and South Korea, and up to 40% on imports from a dozen other nations, effective August 1. The move, framed as an economic ...

Chinese agentic AI startup Manus, developed by Butterfly Effect, confirmed on July 8 it is adjusting business teams to improve operational efficiency, following reports of layoffs and staff relocation ...